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Cryptocurrencies Price Prediction: Litecoin, Chainlink & VeChain – American Wrap 21 January

Litecoin price could see a small pump to $150 as indicator flashes buy signals

Litecoin had a significant sell-off in the past 48 hours following Bitcoin’s bearish run towards $30,000. The entire cryptocurrency market lost more than $100 billion in the past 24 hours, but LTC could jump up again.

Chainlink price at risk of a 16% drop towards $16, but there is still hope

Chainlink had a healthy consolidation period after a new all-time high that has turned into a steeper correction than what the bulls expected. LINK lost the $20 psychological level and it’s on the verge of a massive pullback towards $16.

VeChain Price Forecast: VET remains bullish despite crypto market slump

In the past 24 hours, close to $100 billion was wiped from the total market capitalization of the crypto industry. However, Vechain is one of the few coins that have managed to survive and continues trading inside an uptrend. 

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.